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French investors increasingly prefer crypto over stocks, survey reveals

A new study reveals that more French investors own crypto than stocks and ETFs. The latest findings from a comprehensive survey shed light on the evolving investment habits of French individuals, highlighting a significant shift towards digital assets and alternative investment methods, particularly among the younger demographic. A notable trend is the rising interest in cryptocurrencies, with 9% of the populace owning digital currencies, surpassing those holding traditional stocks at 7% and ETFs with 2%. This surge in crypto investment signals a shift in the investment landscape, fueled partly by the pandemic. You might also like: Justin Sun offers 5% bounty as Poloniex losses cross $100 million France’s new wave of crypto investors The demographic profile of these new investors is predominantly male, with a marked preference for crypto currencies and Non-Fungible Tokens (NFTs) over traditional investment vehicles. Their investment decisions are largely influen...

Top investors remain bullish on web3 despite crypto winter

Top blockchain investors express optimism for web3’s future at the European Blockchain Convention despite challenges from the crypto bear market and industry shakeups. The panel titled “What are investors looking for in web3?” included Victoria Gago, co-founder of the European Blockchain Convention; Kavita Gupta, Founding Managing Partner of Delta Blockchain Fund; Alex Strzesniewski, Founder of AngelBlock; and Tim Grant, CEO of Deus X Capital. The investors acknowledged the difficulties facing the crypto industry after major players like FTX collapsed but emphasized that experienced investors were still actively deploying capital into promising web3 startups. According to Gupta, while many funds pivoted to artificial intelligence in 2022, blockchain-focused funds like hers continued to back crypto projects. She highlighted strong developer talent still building in the space as a key reason for her bullishness. You might also like: Bitcoin faces selling pr...